As of March 2, 2025, Bitcoin (BTC) is trading at approximately $85,885.00 USD.
In February 2025, Bitcoin experienced a significant decline, dropping 17.5%—its largest monthly loss since June 2022—falling from a mid-January high of $109,071 to around $78,273. This downturn is attributed to increased financial market volatility amid global trade war concerns following new tariffs announced by President Trump, and a $1.5 billion cyber-attack on the Bybit exchange, which further dampened market sentiment.
Analysts are monitoring the $70,000 support level, noting that while the recent drop is substantial, Bitcoin has historically rebounded from similar declines.
Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. For the most current information, it's advisable to consult reputable financial news sources or cryptocurrency exchanges.
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